K Terrific Comfort Specialists, Inc. reported the following stockholders' equity on its balance sheet at June 30, 2024 Click the icon to view the partial balance sheet) Read the requirements Requirement 1. Identify the different classes of stock that Terrific Comfort Specialists has outstanding Terrific has outstanding Requirement 2. What is the par value per share of Terrific Comfort Specialists' preferred stock? The par value per share of preferred stock is Requirement 3. Make two summary journal entries to record issuance of all the Temfic Comfort Specialists' stock for cash. Explanations are not required. (Record detits first, then credits Exclude explanations from any journal entries.) Begin by recording the issuance of the preferred stock. Date Accounts Next, record the issuance of the common stock Date Debit Credit Accounts Debit Credit